BHEL Files ₹143 Crore Suit Against Raichur Power Corporation Over Dues
New Delhi: Bharat Heavy Electricals Limited (BHEL) has filed a commercial suit before the Bengaluru Commercial Court seeking recovery of outstanding dues from Raichur Power Corporation Limited.
Dispute Over Yeramaras Thermal Power Project
According to the company’s regulatory disclosure, the legal action relates to unpaid dues under a contract for supply and services for the 2×800 MW units and associated works at the Yeramaras Thermal Power Station.
Also Read: BHEL Withdraws LOI Acceptance for Anuppur 800 MW Thermal Power Project in Madhya Pradesh
Claim Amount
BHEL has filed a claim seeking recovery of ₹143.21 crore from Raichur Power Corporation Ltd. The filing was made under Regulation 30(4) of the SEBI Listing Regulations, which requires disclosure of material litigation.
Significance
The development highlights ongoing contractual and payment disputes within large infrastructure and power projects, where delayed payments and claims are common due to project complexity and scale.